Why Zillow Lost $500M in 2021... | GMBN

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Real Estate Tech Giant Zillow is shutting down it’s home buying division after failing to profit from the algorithmic buying of billions of dollars of over-priced real estate during a housing market bubble in an effort to price out regular homebuyers corner the market and prevent millennials from ever being able to afford buying a house.

#Zillow #Blackrock #Opendoor #HousingMarket #RealEstate #Millennial
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Sooo we are getting Amazoned/Ubered out of home security. Cool 👍

Nyny.